61 Lothrop Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2011 | Sold | ||
| Sold | |||
| Feb 10, 2011 | Listed by Premier Realty Group, Inc. | $459,000 | |
| Listed by Premier Realty Group, Inc. | |||
| | |||
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Lovely expanded cape with plenty of room for everyone located on the West Side of Reading. Kitchen opens into family room and step out to a deck everloking a private fencd in yard. The first floor also includes a cozy living room, fireplace dining room, bedroom, den and full bath. Den could be fifth bedroom. Great space on the second floor with large master bed room with walk in closet, and two additional bedrooms and newer full bath. This plus a two car garage and storage is a bonus.
| |||
| Jun 16, 2010 | Listed by RE/MAX Heritage, LLC | $479,900 | |
| Listed by RE/MAX Heritage, LLC | |||
| Mar 28, 2000 | Sold | ||
| Sold | |||
| Feb 2, 2000 | Listed by RE/MAX Heritage, LLC | $315,000 | |
| Listed by RE/MAX Heritage, LLC | |||
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